SAUDI KAYAN

29 April, 2024 09:34

Saudi Kayan Petrochemical Co. announces the interim financial results for the period ending on 31-03-2024 (Three Months)

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 1,975.81,682.517.4322,141.6-7.741
Gross Profit (Loss) -274.8-339.4-19.033-2711.402
Operational Profit (Loss) -393.4-494.6-20.46-445.1-11.615
Net profit (Loss) -571.9-673.3-15.06-622.1-8.069
Total Comprehensive Income -539.4-690.9-21.927-739.5-27.058
All figures are in (Millions) Saudi Arabia, Riyals


Element ListCurrent PeriodSimilar period for previous year%Change
Total Share Holders Equity (After Deducting the Minority Equity) 12,744.614,786.3-13.808
Profit (Loss) per Share -0.38-0.45
All figures are in (Millions) Saudi Arabia, Riyals


Element ListPercentage of the capital (%)Amount
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value --
Accumulated Losses -21.9-3,283.7
All figures are in (Millions) Saudi Arabia, Riyals


Element ListExplanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is The reason for increase in sales during the current quarter compared to the same quarter of the last year is due to increase in sales quantities despite of decrease in average selling prices of products.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The reason for decrease the net loss for this quarter compared to same quarter last year is due to increase in sales quantities despite of decrease in average selling prices of products.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The reason for decrease in sales during the current quarter compared to the previous one is due to decrease in sales quantities despite of increase in average sales price.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The reason for decrease the net loss for this quarter compared with previous quarter is due to increase in average selling prices of products despite of decrease in sales quantities.
Statement of the type of external auditor's report Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) None
Reclassification of Comparison Items Certain previous period expenses have been re-classified to conform to the presentation of financial statements in the current period.
Additional Information -
Attached Documents  

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